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Canada - Cashew Nuts - Market Analysis, Forecast, Size, Trends and Insights
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Canada: Cashew Nut Market Overview 2021

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Cashew Nut Market Size in Canada

The Canadian cashew nut market shrank significantly to $X in 2019, falling by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a abrupt slump. The most prominent rate of growth was recorded in 2013 when the market value increased by X% year-to-year. Cashew nut consumption peaked at $X in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.

Cashew Nut Exports

Exports from Canada

In 2019, exports of cashew nuts from Canada amounted to X tonnes, therefore, remained relatively stable against 2018 figures. Over the period under review, exports showed a relatively flat trend pattern. Exports peaked in 2019 and are expected to retain growth in the immediate term.

In value terms, cashew nut exports stood at $X in 2019. In general, exports showed a relatively flat trend pattern. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in the near future.

Exports by Country

Saint Lucia (X tonnes) was the main destination for cashew nut exports from Canada, accounting for a X% share of total exports. Moreover, cashew nut exports to Saint Lucia exceeded the volume sent to the second major destination, Guyana (X tonnes), threefold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Saint Lucia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Guyana (X% per year) and South Africa (X% per year).

In value terms, Saint Lucia ($X), Guyana ($X) and South Africa ($X) constituted the largest markets for cashew nut exported from Canada worldwide.

Guyana recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average cashew nut export price amounted to $X per tonne, standing approx. at the previous year. Overall, the export price showed a relatively flat trend pattern. Over the period under review, average export prices reached the maximum in 2019 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Guyana ($X per tonne), while the average price for exports to South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Guyana, while the prices for the other major destinations experienced more modest paces of growth.

Cashew Nut Imports

Imports into Canada

Cashew nut imports into Canada shrank notably to X tonnes in 2019, dropping by -X% against 2018 figures. Over the period under review, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at X tonnes in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, cashew nut imports shrank markedly to $X in 2019. Overall, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at $X in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

Imports by Country

Brazil (X tonnes), India (X tonnes) and the U.S. (X tonnes) were the main suppliers of cashew nut imports to Canada, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in the U.S., while purchases for the other leaders experienced mixed trend patterns.

In value terms, India ($X), Brazil ($X) and the U.S. ($X) constituted the largest cashew nut suppliers to Canada, with a combined X% share of total imports.

The U.S. saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average cashew nut import price amounted to $X per tonne, remaining stable against the previous year. In general, import price indicated a notable increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, cashew nut import price decreased by -X% against 2016 indices. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The import price peaked at $X per tonne in 2016; however, from 2017 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was India ($X per tonne), while the price for Lebanon ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cashew nuts in the world?
+
The country with the largest volume of cashew nut consumption was India (1.6M tonnes), comprising approx. 43% of total volume. Moreover, cashew nut consumption in India exceeded the figures recorded by the second-largest consumer, Viet Nam (501K tonnes), threefold. The third position in this ranking was occupied by Burundi (283K tonnes), with a 7.6% share.
What are the largest producers of cashew nuts in the world?
+
The countries with the highest volumes of cashew nut production in 2019 were Cote d'Ivoire (793K tonnes), India (743K tonnes) and Ghana (321K tonnes), with a combined 41% share of global production. These countries were followed by Burundi, Viet Nam, the Philippines, Nigeria, Tanzania, Benin, Mali, Guinea-Bissau, Brazil and Burkina Faso, which together accounted for a further 46%.
What are the leading suppliers of cashew nuts to Canada?
+
In value terms, the largest cashew nut suppliers to Canada were India ($404K), Brazil ($279K) and the U.S. ($158K), with a combined 97% share of total imports.
What are the leading importers of cashew nuts from Canada?
+
In value terms, Saint Lucia ($52K), Guyana ($32K) and South Africa ($692) appeared to be the largest markets for cashew nut exported from Canada worldwide.
What is the average export price for cashew nuts in Canada?
+
The average cashew nut export price stood at $2,055 per tonne in 2019, standing approx. at the previous year.
What is the average import price for cashew nuts in Canada?
+
In 2019, the average cashew nut import price amounted to $6,699 per tonne, flattening at the previous year.

Product coverage:
• FCL 217 - Cashew nuts

This report provides an in-depth analysis of the cashew nut market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Canada

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Canada
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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